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From 'Made in HK' to 'Made in China'


Imports from Hong Kong to the US will be labeled "Made in China" instead of "Made in Hong Kong" from September 25, according to a notice published on Tuesday by the US Customs and Border Protection, Department of Homeland Security.


Huawei unveils plan for smart cars

Huawei aims to develop cost-effective radars for smart cars, a top executive told a forum, as the Chinese manufacturer seeks a bigger role in the intelligent vehicle industry amid the ongoing China-US tech war.
Source: Global Times | 2020/8/11 23:03:54

Chinese companies might delist as US tightens securities market regulations

Many of the small-sized Chinese companies that are currently listed on US stock markets might delist amid efforts by US regulators to crack down on Chinese firms in the US, experts said.
Source: Global Times | 2020/8/11 22:39:34

From 'Made in HK' to 'Made in China'

Imports from Hong Kong to the US will be labeled "Made in China" instead of "Made in Hong Kong" from September 25, according to a notice published on Tuesday by the US Customs and Border Protection, Department of Homeland Security.
Source: Global Times | 2020/8/11 22:23:40

Chinese firms in US affected by anti-China rhetoric: report

A total of 36 percent of Chinese companies operating in the US said that their businesses are sus-taining losses due to the Trump administration's anti-China approach and fractured relationship, a report by the China General Chamber of Commerce (CGCC) said.
Source: Global Times | 2020/8/11 22:13:40

Foxconn launches workers recruiting campaign in China

Taiwan-headquartered Foxconn is hiring on a massive scale with some factories in the Chinese mainland interviewing more than 1,000 applicants a day and offering bonuses for new employees and the recruiters who introduced them.
Source: Global Times | 2020/8/11 22:08:41

Smear campaign by media outlets from certain countries should stop: FM

The Chinese government has always asked Chinese companies with overseas operations to comply with international and local laws and regulations, Foreign Ministry spokesperson Zhao Lijian said on Tuesday, in response to media questions over the so-called "data leak hazard" of a Chinese-built data center in Papua New Guinea.
Source: Global Times | 2020/8/11 21:33:40

EU likely next battleground for ByteDance

As more signs emerge that TikTok, the video-sharing app developed by ByteDance, will pick Europe as the next battleground for its global expansion following frustration in the US and Indian markets, analysts said the software will survive and thrive in the region, despite weakening momentum
Source: Global Times | 2020/8/11 19:38:40

HK resident seeks Next Digital trading suspension

A Hong Kong resident complained Tuesday that the Hong Kong Securities and Futures Commission (SFC) had not moved in a timely manner to suspend trading of Hong Kong media firm Next Digital, run by Apple Daily publisher Jimmy Lai Chee-ying, saying that unusual movements in the share price would eventually harm investors' interests and the stock exchange's reputation.
Source: Global Times | 2020/8/11 18:43:40

HSBC reportedly declines to step up scrutiny of clients in Hong Kong

London-based multinational bank HSBC declined to step up scrutiny of its clients in Hong Kong after the US government decided to sanction some high-ranking officials from the Hong Kong Special Administrative Region.
Source: Global Times | 2020/8/11 18:38:41

Major US semiconductor firms tighten sales channels in China

Major US semiconductor firms such as Texas Instruments and Micron Technology have tightened their sales in China to prevent American-made semiconductors from being sold to Chinese companies on which US President Donald Trump has imposed sanctions.
Source: Global Times | 2020/8/11 17:33:40

Occupancy rate achieves 60% in China

The successful containment of the epidemic and the resumption of business is bearing fruit in China's international hospitality industry. Foreign-invested hotels in China are now experiencing a rebound, with the average occupancy rate nationwide reaching 60 percent, and those based in southern China achieving up to 80 percent occupancy, industry insiders said.
Source: Global Times | 2020/8/11 16:48:40

China sees recovering air travel demands

China's air travel demand has recovered significantly since June with a continuous increase in the volume of flights, according to the Civil Aviation Administration of China (CAAC).
Source: Xinhua | 2020/8/11 14:34:42

Political funding might be behind Next Digital speculation: observer

Stock prices of Hong Kong media firm Next Digital, run by Apple Daily publisher Jimmy Lai Chee-ying, surged for a second straight day on Tuesday, soaring 268.63 percent by noon to HK$0.94 ($0.12).
Source: Global Times | 2020/8/11 13:33:40